$DNXC: How does it work?

DINOX
4 min readJul 29, 2021

So, you’ve got DNXC tokens but don’t know what to do with them? Here are some highly lucrative options that will yield great rewards!

In the coming days, you will be able to utilize the Dino Farm. More information will be released before the farm goes live, but we wanted to give our community a sneak peek at what the farms will look like!

DNXC > DNX Staking Pool (going live in a few days!)

Stake your DNXC tokens and earn DNX dino eggs!

  • Minimum stake: 500 DNXC
  • Maximum stake: 5,000 DNXC
  • The more DNXC staked in this pool, the quicker you’ll receive your DNX dino eggs!
  • Exact staking length, rewards and DNX delivery schedule will be disclosed before the staking pool goes live.

DNXC > DNXI Staking Pool (coming soon)

Stake your DNXC tokens and earn DNXI tokens (in-game items)!

  • Exact staking length, min/max caps, rewards and DNXI delivery schedule will be disclosed before the staking pool goes live.

DNXC > DNXC Staking Pool (coming soon)

Stake your DNXC tokens and earn high APY% rewards in the form of DNXC tokens!

  • Exact staking length, min/max caps, and APY% will be disclosed before the staking pool goes live.

*Read more about DNX and DNXI tokens below!

Liquidity Provider Program (coming soon)

Approximately one week after the $DNXC token listing, we are going to launch our liquidity provider (LP) rewards program.

  • Provide Liquidity on Uniswap or Quickswap (listing details for Quickswap to be announced in the following days) and stake your LP tokens in our LP pool in the DinoX staking platform to earn massive APY% in the form of DNXC tokens.
  • We will make an announcement as soon as the reward program opens.

From today, DNXC is tradeable on exchanges, however, if you hold on to your rewards, the fruits of your labor will be realized when our game — DINOX World — launches and all of your accumulated DNX, DNXC and DNXI tokens turn into valuable in-game assets!

DNX

The DNX token is an ERC 721 token deployed on Ethereum. It is what’s commonly known as an NFT (Non-Fungible Token) and is the foundation of DinoX as both collectible dinosaurs and playable characters.

All DNX tokens begin as mysterious unhatched eggs with traits that hint at the dinosaur’s characteristics without giving away the dinosaur that hatches from it. Owners can choose to hatch their eggs and find out what awesome dinosaur is hiding inside, or keep them in their egg form to build suspense and even sell them in either form (egg or dino) on the open market.

DNX dinosaurs will have some traits written in blockchain and some data tied to them. Traits, such as sizing, rarity, birthday, species as well as some in-game achievements will differentiate each character. Each DNX is unique on its own but with the ability to breed dinos together, you’ll have a chance to make some truly one-of-a-kind dinosaurs that would have never normally existed.

DNXI

DNXI tokens are ERC 721 layer 2 tokens to be used as a progression within the game and ecosystem of DinoX. These tokens exist on the Polygon Network to reduce the gas costs from frequent usage. DNXI could range from character equipment to upgrades on different aspects of the game, such as islands, facility enhancements, or your dinosaurs (DNX) themselves.

The relations between DNX and DNXI are held by centralized storage and DinoX API, creating a wonderful ecosystem where all assets function together. Using DNXI tokens to upgrade your dinos can make them stronger, faster, smarter as well as make them look even cooler with some unique accessories.

About DinoX

DinoX is a combat and strategy game in a sandbox environment. A beloved gameplay genre blended with a fan-favorite theme of dinosaurs. Players build dinosaur kingdoms, rally resources to expand, build combative skills to occupy others, and due to the benefits of the metaverse, retain true ownership of the game.

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DINOX

Multiplayer Metaverse Game – Dinosaurs and Adventurers